The Gateway: Maximizing the Impact of the Disability Tax Credit
In addition to reducing income tax through a non-refundable credit, the Disability Tax Credit (DTC) serves as a gateway to a wide range of additional tax benefits and government programs. Eligibility for the DTC can unlock enhanced credits, financial supplements, and long-term savings opportunities that go well beyond the tax return. Understanding how the DTC connects to these broader supports is essential for maximizing financial stability—both for individuals living with disabilities and the family members who support them. Unfortunately, many taxpayers miss this credit and their tax and financial advisors can certainly help when this happens.The PRPP
A new type of private pension plan is available in federal workplaces this year and some workplaces in the Yukon, Nunavut, and Northwest Territories: the Pooled Retirement Pension Plan (PRPP).
The Taxable Benefit on Employee Stock Option Plans
Employees may be presented with an opportunity to purchase shares in the employer’s corporation at some future date, but at a price set at the time the option was granted. This is known as the exercise price.
Last Minute Tax Planning? Online Calculators Can Help
Knowledge Bureau has 14 online tax calculators that can help you and your clients with last minute tax and retirement planning for 2013. Get the answers needed to make sound year-end financial decisions. Try them today risk-free!
Reinforce Your Tax Savvy in Time for Tax Season
Build your tax acumen and ability to produce accurate tax returns for your clients this tax season. Enrol you and your team today for Personal Tax Bootcamp and ensure your entire staff is in tip-top shape. Last chance to register is January 6!
Hone Your Bookkeeping Skills for a Variety of Different Business Types
Move your skills beyond basic transaction data entry to developing a complete set of books for a variety of different businesses. Enrol in Advanced Bookkeeping for Multiple Businesses today.
Jacks on Tax: 2014 Edition Now Available!
Just in time for the holidays, Jacks on Tax is available to purchase for the “do-it-yourselfers” in your life. This easy-to-read guide will help you save both time and money by understanding the tax return and will show you how to take better control of your family’s financial affairs. This best-selling tax guide has been updated to the new tax filing rules. Get your copy today!
